A 'free market' for higher ed?

Larry Johnson, dean of the University of Cincinnati College of Education, Criminal Justice and Human Services, is helping to craft a performance-based budgeting model that he refers to as "a higher ed free market".

The plan would reward colleges for enrolling more students to generate revenue, while cutting the budgets of colleges that fail to meet revenue goals.

Based upon models used at Ohio State University and Indiana University, the strategy is meant to encourage growth during an uncertain economy and declining state support while incentivizing colleges that are able to raise money through donations, gifts, and endowments.

UC president Nancy Zimpher assures Inside Higher Ed that the plan would not lead to deteriorating quality, as the university would put safeguards in place to keep student/faculty ratios steady and to keep colleges from relying too heavily on adjunct labor.

Read the full article here.
Signup for Email Alerts